Paslin will invest 10 million dollars in Coahuila
COAHUILA – The Chinese company Paslin will invest 10 million dollars to set up a production plant in the Cactus Valley Industrial Park in the municipality of Ramos Arizpe, Coahuila. The new plant will create an initial workforce of 70 employees, and it is expected to be ready to begin operations next July.
Paslin is a Chinese company dedicated to designing, constructing, manufacturing, and assembling equipment for the automotive industry. The company has six plants globally and counts Tesla, Daimler, Magna, Martinrea, Honda, and Metalsa among its main clients.
The new plant is expected to create an initial workforce of 70 employees and will start operations in July 2021. The company expressed confidence in the region’s authorities and expects to grow in the short term.
According to the president of Paslin, Wu Jinhua, the company will grow in the region in the short term and expressed confidence in state and municipal authorities.
On the other hand, the Secretary of Economy of Coahuila, Claudio Bres Garza, pointed out that 18 new plants have been established in just over two and a half months of this year.
In addition, the mayor of Ramos Arizpe, José María Morales, indicated that the majority of the personnel who will work at the Paslin plant will be made up of technicians and engineers.
He also highlighted that in Ramos Arizpe, the company will find the ideal strategic location to integrate into the North American market.
The announcement of the new investment took place at the Municipal Presidency of Ramos Arizpe, attended by company executives, officials from the Cactus Valley Industrial Park, municipal officials, and members of the City Council.